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FOX News
Jul 10, 2011 2:00pm EDT
now is the moment to rise above that cynicism and show the american people that we can still do big things and so he will make the case to congressional leaders that we must reject the politics of least resistance and take on this critical challenge. joining us now is the senate's top republican who will be a key participant in today's talks. senator mitch mcconnell. welcome back to "fox news sunday." >> glad to be here. >> let's start with what happened and from your perspective, where do things stand now ahead of this meeting tonight at the white house. >> well, unfortunately, as the speaker said, they are insisting on the white house and congressional democrats, insisting on really big tax increases as a condition to do anything on the spending side. bret, we believe the president was right back in december when he signed a two-year extension of the current tax rates of raising taxes in the middle of this economic situation we're in is a terrible idea. i mean, just look at the unemployment figures last friday. all the arguments the president used in december still work today. th
CNN
Jul 1, 2011 6:00am PDT
people. we are not showing this to you for the sake of it. who do you know who making a big difference in your community? you can nominate these heroes and they end up winning. >> making a huge difference in their communities. a good thing to see. we want to wish everybody a wonderful fourth of july weekend. hope you're safe, healthy, happy and you have a little bit of fun. >> you're off? >> i'm off watching the fireworks. >> christine and i will be here on monday. have a fantastic weekend. kyra phillips takes it over now with the "cnn newsroom." >> how about a lot of fun? come on! >> some people have to work so i felt bad! >> happy fourth of july, guys. we all will be celebrating. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thank you for joining us. >>> witnesses taking the stand in the casey anthony murder trial. the judge says the case could go to the jury this weekend. >>> los alamos national lab closed fifth day as high winds make problems for fire crews. 94,000 acres have burned. lab officials say toxic materials are saving. >>> royal couple wakes
CNN
Jul 1, 2011 9:00am EDT
proceeding all through making headlines for wrong reasons but making big headlines nonetheless. >> we are following awe tlel' more on the nfl next week. mark, thanks. >>> the numbers are out. not the poll numbers and not the dow industrial. we are talking about the big number of bucks your presidential candidates are raising to win the white house. jim acosta, who has got the biggest bank? >> reporter: sometimes he's are the numbers that count, kyra, this morning. it looks like at this point, the person who has got the biggest bank right now is mitt romney. we haven't gotten any official totals in right now. yesterday his campaign did confirm that he is expected to bring in between $15 million and $20 million in the first quarter of fund-raising this year. not as much as he raised for the 2008 campaign but, still, way ahead of the rest of the pack. jon huntsman, we can mention, he also has a pretty big fund-raising hall for a guy that not a lot of people know about. $4 million. we should mention half of that, though, is money he kicked in himself. he is part of a very wealthy family t
CSPAN
Jul 29, 2011 7:00am EDT
, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
CSPAN
Jul 31, 2011 6:30pm EDT
the impact. but i'm wondering, two of the candidates will be coming out after this big debate here in washington. does that give an advantage or a disadvantage or is it unclear based on the outcome? >> well, it's unclear based on the outcome certainly. the congresswoman and the congressman have both been very strong in their opposition. >> no compromise. right? >> that will appeal to many people in the base of the party. and i think what you've heard from some of the other candidates is somewhat more equivocal position. though john huntsman this week came out strongly for the boehner plan and said it was the only plan going and that the republicans and everybody ought to get behind it. congresswoman bachmann in particular, i think, has staked out that kind of tea party position. and she'll probably benefit from that. i think the other candidates are trying to get a piece of that, but try to go more broadly. >> i think bachmann and to a certain extent paul also risk some pleasure of backlash, or could in their don't raise the ceiling at all and their positions, playing down is a pot
MSNBC
Jul 5, 2011 6:00am EDT
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
WTTG
Jul 4, 2011 10:00pm EDT
in the rear-view mirror and here's this big tree that had fallen down behind him. >> reporter: in so many cases, seconds or even feet made all the difference. the winds are estimated between 60 and 70 miles per hour during that storm in arlington, and what's made it difficult for the power crews is that they had 14 utility poles that had to be repaired or replaced. in addition, they are working in 70 different locations to try and restore power. while it's been difficult for the people here to be without electricity, a lot of them say, look, when you see the tornado damage in a place like joplin, missouri, this is nothing. in arlington, sherri ly, fox 5 news. >>> we're following a developing story in montgomery county, maryland tonight. police are investigating a near drowning in german town. a man was playing with a remote controlled boat in gunner's lake around 7:00 p.m. the boat stalled and the man went into the water to get the boat but couldn't make it back to shore and went under. he's in the hospital in serious condition. >>> the fate of casey anthony is now in the hands of the jur
CNN
Jul 20, 2011 5:00pm EDT
. >> the proposal would have budget sate h savings of $500 million. -- $500 billion. also it calls for big changes to medicare and social security. >> i think at the end of the day, what the overwhelming majority of americans are saying, fix this. and if it takes a little compromise from both. >> but the is plan faces a harsh reality. tough procedural obstacles means the proposal won't be ready ahead of the august 2 debt ceiling deadline. and a key block of conservatives is already saying no way. >> we know it's going to hurt job creation. we know it's bad for small businesses. we're not going to go for this type of plan. >> with time running out, harry reid, who is still work on a fall back plan with mitch mcconnell says he's now waiting for a signal from house gop leaders. >> we have a plan to go forward over here, but until we hear from the house of representatives, we really are -- all of our work here would be for not. >> now there is also talk of folding elements of the gang of six plan into this so-called fallback plan being worked out between senators reid and senator mitch mcconnell. but
CSPAN
Jul 10, 2011 7:00am EDT
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
MSNBC
Jul 18, 2011 6:00am EDT
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
CSPAN
Jul 15, 2011 1:00pm EDT
statements in that meeting, because we don't know what the details were of his proposal and the so-called big deal, my insistence was consistent with our speaker's, that we not raise taxes. and that's why that construct doesn't work. we don't have the votes on this side of the aisle. i'm not supportive of raising taxes on people who are trying to make it right now and can't. so i would say to the gentleman when he refers to the other groups that have been out there, all of whom he say suggest that somehow we need to raise taxes, what the gentleman's talking about is how are we going to produce more revenues? we believe, mr. speaker, that you produce more revenues by having growth in our economy. we don't believe that you promote growth in the economy by cranking up the government spending machine by taking money from people who eastern it, washing it through washington's bureaucracy, and sending it back out. we don't believe that. we believe that growth is created through investment, through hard work in the private sector. by entrepreneurs, small business men and women, people who want to su
FOX News
Jul 16, 2011 3:00am PDT
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
FOX News
Jul 1, 2011 6:00am EDT
this economy and yeah, there's a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans, meeting with democrats, he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis that the country faces. but he's here raising money for a campaign. doesn't even have a primary opponent. >> the president was also in pennsylvania, the white house, though, fires back at that particular metal works plant, the allentown metal works that had been struggling for years when the president visited in 2009. president obama saying while i'm working, there will be candidates parading around the country and doing what they do can which is trying to attack. he told supporters in other parts of pennsylvania while mitt romney was there in pennsylvania. >> mitt romney did not mention his rivals. he's clearly taken the stance that i'm the frontrunner, i'm not going to mention tim pawlenty or michelle bachmann. why's he in pennsylvania? not an early primary state, k
MSNBC
Jul 25, 2011 3:00am PDT
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
FOX News
Jul 6, 2011 1:00pm EDT
: the last 48 hours this investigation has gone from about this big to this big. some officials may have already been caught lying. not only that, now we're told u.s. wasn't just helping send guns to mexico, taxpayers paid for some of those guns. and more than one federal agency knew about it. that's the latest in the scandal we know as fast and furious. according to sources an f.b.i. informant allegedly used taxpayer money to buy guns on behalf of the cartels, the f.b.i. knew it, they allowed it to happen and they failed to tell congress or the agency that was investigating him, causing that agency, the atf to spend two years, thousands of man-hours and millions of dollars pursuing information the f.b.i. already had about a man, the atf would never be allowed to arrest because he worked for the f.b.i. this information was confirmed this week sources say by the acting atf director ken nelson who met secretly on july 4th with congressman darrell issa and senator charles grassley. nelson who is going to be the fall guy in this scandal dropped a few bombs in his deposition indicating others
CSPAN
Jul 23, 2011 7:00am EDT
was ready to try again to do something big to control the debt. the ensuing days, the two sides forged common ground on the strategy raising the debt limit and cutting more than $4 trillion out of the federal budget that would take place through 2021. the speaker put out a statement in connection with the comments he made to the press yesterday. here is a bit of it for you. he said: in the end, he writes, we couldn't connect. not because of different importants, but different visions for our country. the president is emphatic taxes have to be raised. i know that tax increases destroy jobs. the next page, mr. boehner goes on to say, the president is adamant we can't make changes to entitlement program. i know the programs won't be there for my daughter's generation unless significant action is taken now. i have decided to end conversations with the white house and begin conversations with the leaders in the senate in an effort to find a path forward. again, the leaders are going to the white house today to meet with the president. the minority leader also putting out a statement becaus
FOX News
Jul 19, 2011 6:00am EDT
the cliff thelma and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left
CSPAN
Jul 31, 2011 8:15am EDT
.i. joe," the lakers and the celtics in the championship. apple wuss big, then it -- was big, then it went away for a while, then it was back again. so it should be obvious that the 1980s is back, and for various reasons i argue in the book, it is back. and i don't think it's just because of the nostalgia factor although that's certainly a factor. also there's some coincidences. i had mentioned on my radio show a couple days ago that the weird coincidence, although you may see it not just as a coincidence, that 25 years ago almost to the exact week and, certainly, to the exact month the united states military was bombing libya, and the world was wrapped with the detention about a nuclear meltdown at chernobyl. those two things happened almost exactly 25 years ago to the month. so as much of this is pop culture, some of it is very, very real. and what i argue in the book is that the popular culture of the 1980s, the iconography of the 1980s in many ways has inspired the way we hook at real world -- look at real world events and how real world, i guess you would call them actors, behave toda
CNN
Jul 26, 2011 11:00am EDT
is your chance to talk back on one of the big stories of the day. today's question is what would you tell congress to do about the debt limit? carol costello is joining us from washington. carol, i bet you're going to get a lot of folks weighing in on this one. >> i urge all of our facebook friends to keep it clean. that's my only request today. what is happening in washington is political gamesmanship at its worse. it's ugly and more than a little scary. the united states has never gone into default because past administrations and lawmakers have compromised. cnn contributor john avalon says lawmakers have raised the debt ceiling 77 times including 8 tooils times under ronald reagan and back in the day politicians weren't quite so macho. many insist on standing on principal even though most americans stand on the side of good old fashioned compromise. two-thirds of americans want the president and republicans to compromise, rather than stand up for their beliefs to get things done. wow. a break from part is anship. perhaps the happiest outcome of the president's speech last night was whe
CSPAN
Jul 28, 2011 7:00am EDT
been going on now since the big deal talks between boehner and obama broke down on friday among all the congressional leaders on how to fix basically one problem. that is, how long the debt limit increase we will do. they have not been able to resolve that problem. host: do you think there's a chance the house really will leave town? guest: i do not know. no one would confirm that. there were rumors yesterday, mainly from democrats. republicans said they had heard nothing like that. democrats also said they would be surprised if the house would do that. it will look terrible with this crisis hanging over the nation. crisis hanging over the nation. it has happened in on other occasions. host: lori montgomery, according to the senate schedule, harry reid will be announcing the schedule at 11:00 a.m. have you heard anything? guest: i have not. when i left last night, it was not clear. they were still planning to proceed as they have been talking about for a week. that is, when the house bill comes over, they want to tilt it -- to kill it. it's not clear how they will do that. will they
CSPAN
Jul 10, 2011 10:30am EDT
sure the motion gets scored and that could be a big pickup in this whole process. that allows things to die. >> that will give them three days to hate it. >> you don't want to deal hanging out there so long because hit a pi like anata. you don't want rank-and-file members to feel like it was crammed down their throats striking that balance on the timing will be critical. >> the deadline to get some the to the floor is what to t? the house republicans announced they canceled one of their work. in their district. >> economists have told me that you will start to seek markets get a little spooked. by the end of next week or early the following week. that is something that will make it from both sides want to avoid. >> does that put more pressure on them? >> absolutely. >> in the week after, they will need a couple of days to debate it in the house and the senate could do it within hours if they have an agreement. if no one tries to filibuster, it will be fairly quick. they should probably start the debate by this week. >> thank you for being part of our program. [captioning performed by
CSPAN
Jul 12, 2011 12:00pm EDT
a big deal, $4 trillion, or whether we're going to have a smaller deal of $2 trillion, but the real issue is whether or not we're going to have a fair deal, a deficit-reduction package which represents the interests of working people and the vast majority of our people or whether we're going to have a deficit reductio-reduction packh ends up reflecting the needs of the wealthiest people in this country who are do phenomenally well and the largest corporations in this country who, in many instances, are making record-breaking profits. that's really what the debate is about. now, the republican position on deficit reduction has been extremely clear and is consistent with their right-wing ideology. despite the fact that our current deficit crisis has been caused by two wars unpaid for, huge tax breaks that have gone to the wealthiest people in this country, and a recession caused by the deregulation of wall street and the lack of revenue coming in as a result of that recession. our republican friends are adamant that while the richest people in this country are becoming much richer, wh
CSPAN
Jul 6, 2011 11:00pm EDT
court term began, two of the big lens or person in the cases come if you protest a chemist vendor versus phelps in the videogame case from which ended at being caught brown v. entertainment software association. both of those cases brought with them the chance to explore first amendment issues in the internet era and they ended up really not doing that at all. the funeral case had a component to it involving an online screed against their parents of corporal snyder, which the court completely declined to address it all and instead look at it as a type of dinner plates. the videogame case again had the potential of looking at whether this new medium has something different than the other new media that arose over the centuries, but instead decided it did not impose either unanimous word you unanimous holdings getting to that resold. we have as well i suppose we should be grateful for arizona's contribution to the supreme court docket with the tuition tax credit case in the clean elections case which was perhaps again i say the clean elections case the perhaps most predictable outcome, the
CSPAN
Jul 8, 2011 12:00pm EDT
]. >> that is affirmative, atlantis. >> copy. >> one of the other big-ticket items for atlantis's crew will be the deployment of the dish-shaped ku band antenna over the starboard, forward sill of the payload bay. >> have we missed anything? >> okay. we'll take a look. >> chris ferguson asking capcom barry wilmore to make sure the team here is looking over their shoulders to make sure they don't miss anything in the post-insertion checklist. again the ku band antenna will be deployed soon. once the payload bay doors are open, that will enable a high data rate telemetry and down link television capability from the shuttle. >> atlantis, block three does look good to us. nice work. [no audio] [no audio] >> the electrical systems officer here in mission control reports that the crew has begun the process of turning on the lights in the payload bay. that in advance of the operation of the systems by rex walheim and chris ferguson to actually open the doors, deploy the radiators, and setting the stage for a go for on-orbit operations. atlantis crossing the pacific at an altitude of 143 by 97
CSPAN
Jul 6, 2011 9:00am EDT
in transforming themselves, she's one of the big reasons why. please help me in welcoming to the stage, liz schuller. [applause] >> thank you. all right. thank you, barry, for the introduction. and i'd like to think raj for raising the bar. thanks a lot for the rest of us and not those creative messaging tools that we all need to address inequality. i wish i would have heard her before my speech. so why am i here as part of this panel? the whole point of what i want to talk to you today is the power of collective action and how it could counter the rise in inequality and how unions fit into that picture. now, when i think about inequality, especially, as of late, i think about those teachers in wisconsin, construction workers in ohio, nurses in new hampshire, who have been locked out and denied their basic rights to collective bargaining. we've seen what it looks like the state capital in wisconsin and we show you now what's happening in office buildings all across this country. ♪ >> here's to america's workers. when the economy was down, they sacrificed. during tough times when executive
CSPAN
Jul 5, 2011 5:00pm EDT
saying, only a long-term option here? >> the president believes that we have to think big and act big, because as i mentioned before, there have been events and decisions that have led us to this point and they include the terrible recession, the worst since the great depression we went through. the fact that because congress wouldn't act, he apointed the commission and they delivered a report. we have the outside report. and we have the president's framework he put forward and the republican budget that passed the house, all of which describe a problem and a solution in generally the same terms. the big exception is three to one, they propose solutions that demand a balanced approach which the president supports. this is not the kind of situation that comes around very frequently and the president believes that it is worth the inevitable political difficulty making tough choices creates to get this done for the american people, for the american economy. so he does not share the view, does not believe it is wise to pursue a short-term solution that essentially would be kicking the can
CSPAN
Jul 30, 2011 1:00am EDT
we have to learn the harsh lesson that when we are in an economic free fall, the only entity big enough to pull us out is the collective organization of our government? that is the only place that has the muscle to prevent a recession from turning into a depression, and the balanced budget amendment our colleagues cept us before would absolutely lock down the federal government's ability to respond. that would be a profound mistake, and contradict all we have learned in economics since the great depression. this is what norm ann ornstein at the american enterprise institute said about this constitutional amendment. he called it 5, quote, "really dumb idea." this is what he said. "few ideas are more seductive on the surface and more destructive in reality than a balanced budget amendment. here's why -- nearly all of our states have balanced budget requirements. that means when the economy slows, states are forced to raise taxes or slash spending at just the wrong time, providing a fiscal drag when what is needed is countercyclical policy to stimulate the economy. in fact, the fisc
FOX News
Jul 28, 2011 9:00am EDT
. alisyn: you talk about what the stock market is doing. yesterday it took a big hit closing down almost 200 points. it was the 4th straight day of losses. let's bring in stuart varney to help us understand this. will the market go down again, stu? >> in general terms nobody will be prepared to forecast where the stock market will go. it's like october of 2008 when there was a decision in the house, do we bail out wall street or don't we. there was a profound reaction on wall street when that vote came in. in general terms, here is what you can say. if we get a deal -- if a deal looks likely by this weekend, the stock market will probably go up. quite sharply. if we do not get a deal at all, nothing is on the table by that next week's deadline you can expect the stock market to go down quite sharply. those are generalized expectations for stocks, but i think they are realistic. here is the news of the day. as of this morning, a letter went out from the chief executives of all the big wall street firms. that letter went out to every member of congress. everybody on capitol hill. it was a
PBS
Jul 1, 2011 10:00pm EDT
' point is white. these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 billion. we are going to collect $39 t
CNN
Jul 23, 2011 3:00pm PDT
in chicago. 105 in kansas city. 108 in houston, texas. we have this big dome or big area of high pressure that's been sitting over the nation's mid-section in the east just baking. that's where you're seeing this heat building. this stretches miles into the atmosphere and that's why we call at it dome. it looks like those covers you put over your dinner plate. it looks like that. that cooler air finally drift southward. that's why we're seeing showers and thunderstorms along the cold front but make it feel better and boston and say new york city as we head into tomorrow. let's do show you a couple of those thunderstorms. here's our radar map to see where they have been blowing on through across the upper midwest, throughout the great lakes and cleveland just about to get hit there as well. a few of these thunderstorms can be severe, ton. mainly wind makers and maybe some hail. >> thank you, jacqui jeras. we have some developing news for you. working in washington where lawmakers and president obama are trying to reach a deal on raising the debt ceiling. there could possibly be some moveme
CSPAN
Jul 7, 2011 7:00am EDT
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
CSPAN
Jul 29, 2011 8:00pm EDT
of $26.5 billion, the highest total since 1981. the cost of regulations is a big obstacle for american job creators. but when you think about regulations, here are an example of some of the once that can make you laugh. the department of energy requires microwaive makers to measure the amount of energy their products use in the off position. the environmental protection agency wants stricter regulations on the amount of dust on american farms. the department of interior wants to impose a fee on christmas tree sales to promote christmas tree sales. when you think about how government regulations destroy american jobs, these are the statistics that will make you cry. according to a louisiana state university professor, the department of interior's defacto moratorium of exploration in the gulf of mexico could cost $36,1 -- 36,137 jobs. in addition, more than 80,000 jobs could be lost due to the e.p.a. regulations targeting the cement industry. and e.p.a. gas regulations could cost $1 -- 1.4 million jobs. the american people place an upper limit on the damage that washington democrats coul
CSPAN
Jul 19, 2011 1:00pm EDT
for big oil and wall street executives. this bill's actually more extreme than the republican budget passed in april calling for deeper cuts and more hardships for the middle class and older americans. in fact, this bill does nothing to create jobs, nor invest in the roads, bridges, clean energy technology and job training that would really get our economy moving. in short, h.r. 2560 will stifle growth, hurt middle class families and undercut america's seniors. in my district there are over 93,000 social security beneficiaries and over 85,000 medicare enrollees. on behalf of my constituents and for future generations i stand in strong opposition to this bill and the rule. i know that there are those on the other side of the aisle who want to support a reasonable plan to reduce the deficit. this is not the plan. i urge my colleagues on both sides of the aisle to reject this dangerous proposal and i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the gentleman from georgia. mr. woodall: mr. speaker, at this time i'm please
CSPAN
Jul 29, 2011 3:51pm EDT
care costs, to get less so we can give tax breaks to -- we can give tax subsidies to big oil. we will say to those families we are going to cut medicaid and what that means to seniors in nursing homes so we can give tax breaks to corporations sending jobs overseas. we are going to say to young people, you are going to pay more for your college loans so we can give tax cuts to people at the highest end. we all know that we have to participate in reducing the deficit. everybody has to ante up. why is it that the republicans insist on having the middle class pay the price so that the high end is off the hook? if we are concerned about addressing the problems of the american people, we would end this debate. this bill is going nowhere. it's a total waste of time. and every day that we spend on these wastes of time that are not going anywhere is another day we are not talking about the highest priority of the american people which is job creation, job creation, job creation. that is their priority. we have an obligation, an obligation to reduce the deficit and get on with it so we can
CSPAN
Jul 20, 2011 2:00am EDT
members. one big gap with the military lending act is it does not apply to automobile financing, and one thing many young enlisted do when they get their paycheck is to try to purchase an automobile. i think also the protections should be expanded. veterans are not covered by the military spending act. older americans are not covered, and talking about checks and balances, we have businesses putting mandatory unilateral arbitration clauses in the contract, which allow consumers no redress if they are harmed by these high cost, unfair product set are leading them of their bank accounts, robbing them of vehicles, and taking their homes away, leaving them and their families without a place to live secure a good -- a place to live. >> in your testimony, you find a trade-off the sometimes arises between consumer protection and a profitability -- and bank profitability. can you talk about the trade-off and what influence it should have? >> of course. there is a balance of regulatory agencies are trying to strike between bank safety and soundness and consumer protection during debate safety and
CSPAN
Jul 31, 2011 7:00am EDT
: we have to look at the overall big picture. there are going to be times -- you can only spend more than you make for so long and it catches up to you and that is what is happening right now the bank there going to be situations, i imagine, with the federal government has to take out loans and borrow money. but this has been going on for years and years and years. and you cannot continue to do this. if we do not get our fiscal house in order, get our credit -- that our creditors will take control and do it for us. i am not sure that we want that. host: we of gone from a trillion dollar debt to $14 trillion, but is there good debt for the government? someone argues that student loans and mortgages are good debt, and bad debt would be loans for vacations or fancy cars. guest: i do not think any debt is good. it is probably a more acceptable form of debt. but again, i say that there are probably going to be instances, but the problem is when it becomes everything that you -- when you have so much debt that it is overwhelming to everything else, when you have more debt if you can pay. a
FOX News
Jul 26, 2011 3:00am PDT
is it about the american people or one big re-election campaign? we report, you decide. >> meanwhile, the united states government arming a mexican drug cartel for war? and when people said hey, this doesn't smell right, a brand new report says that's when the cover-up began. yes, the cover-up, brian. >> yes, a grandmother confronted by a naked intruder. >> again? >> not in my house! >> be strong. there's always a way to protect yourself. use it! >> but this crook picked on the wrong lady. "fox & friends" the right show for you because we start right now. >> come on in, folks and welcome to our tuesday telecast. we have lots to talk about because the president of the united states and the speaker of the house last night decided it was time to go in front of the american public to make their case. >> again? as brian just said about the other story, again? >> right. >> how many times do we have to have a press conference to try to figure out what the hell to do with our debt? it's one press conference after another and i think the american people are getting darned tired of it. >>
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